Vedanta declines 1.47% as Sensex slides

Earlier, the stock saw a opening in the morning.

A total of 694,040 lakh shares changed hands on the counter till 12:59PM (IST).

The stock of . commanded a market value of Rs 167999.14 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 39.63, while the price-to-book value ratio stood at 3.29. Return on equity (ROE) was at 13.79 per cent, according to exchange data.

In the BSE500 pack, 256 stocks traded in the green, while 245 stocks were in the red.

The stock's beta value, which measures volatility in relation to the broader market, stood at 1.4.

Promotor/FII Holding
Promoters held 0.0 per cent in Ltd. as of 30-Jun-2024 while foreign portfolio investors and domestic institutional investors owned 10.23 per cent and 5.34 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 310.97 on July 11, while the 50-DMA was at 446.88. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.